H&R Block Keokuk

For Sale

829 Main St, Keokuk, IA 52632

This Keokuk property for sale is located at 829 Main St. The current listed sale price for H&R Block Keokuk is $405,000. H&R Block Keokuk is situated on a lot that is 0.34 acre in size.

Contacts

broker
Chase Keller, CCIM

Better Commercial

Property Details

  • Property Type Retail - Freestanding
  • Property Size 2,580 SF
  • Units 1
  • Lot Size 0.34 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 25
  • Parking Ratio 10.00 / 1,000 SF
  • Property Tenancy Single Tenant
  • Year Built 1969
  • Year Renovated 2005
  • Date Updated Dec 27, 2024
Located at 829 Main Street in Keokuk, Iowa, this Single Tenant Retail building boasts a prime position along the city’s busiest corridor, Main Street, which doubles as both Highway 218 and Highway 61. With approximately 12,100 vehicles passing daily, this location offers exceptional visibility and convenience for retailers, service providers, and local businesses alike. Positioned directly across the street from Walgreens, the property benefits from proximity to high-traffic neighbors that consistently attract a diverse customer base, providing an advantageous setting for foot traffic and brand exposure. Keokuk, known as the “Gateway City to the West,” sits in the southeast corner of Iowa, bordered by Illinois and Missouri across the Mississippi River. This strategic tri-state location makes it a central hub for residents and travelers from Iowa, Illinois, and Missouri alike. As the most populous city in Lee County, Keokuk is a historical and economic center with a close-knit community feel, a rich history, and a growing number of amenities that draw both locals and visitors year-round. Main Street’s connection to highways 218, 61, and nearby Highway 136 ensures easy accessibility for both local and regional customers. The city’s infrastructure, supportive business climate, and vibrant small-town character make this retail strip center an attractive destination for businesses looking to establish or expand their presence in the region. The high traffic volume and prominent location provide an ideal setup for businesses seeking high visibility in Keokuk’s retail landscape.
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Highlights

  • - Strong National Tenant: Long-term tenant H&R Block, occupying the property since 2005, ensures stability.
  • - Tenant-Paid Renovation: Planned full interior renovation in 2025, adding modern appeal at no cost to the owner.
  • - Solid Lease Terms: Current lease at $14.35/SF NNN through April 2026, with a 5-year renewal option.
  • - High Visibility Location: Situated at the corner of Main and 9th Streets with excellent signage and high traffic.
  • - Ample Parking: 25 parking spaces provide convenience for tenants and customers.
  • - Attractive Investment Metrics: 9.14% cap rate at a competitive $405,000 list price.
  • - Renovated Building: Completely updated in 2005, offering low-maintenance ownership.
  • - Great Portfolio Addition: Reliable income stream and long-term value in a prime Keokuk location.

Getting around

  • 74/100

    Walk Score ®

  • 54/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Keokuk, IA
  • Neighborhood Keokuk
  • Zip Code 52632

Points of Interest

  • Phillips 66

    1.69 miles

  • Murphy USA

    1.93 miles

  • Riverboat Museum

    0.67 miles

  • Rascal's Pub & Grub

    0.04 miles

  • Angelini's Pizza

    0.11 miles

  • Los Topotios

    0.11 miles

  • Domino's

    0.13 miles

  • Subway

    0.14 miles

  • Dr. Getwell's

    0.17 miles

  • Chintz's Bar & Grill

    0.32 miles

  • McDonald's

    0.39 miles

  • Peking Buffet

    0.46 miles

  • Wendy's

    0.55 miles

  • Farm & Home Supply

    0.83 miles

  • Hy-Vee

    1.50 miles

  • ALDI

    1.76 miles

  • Walmart Supercenter

    1.83 miles

  • Sears Hometown

    2.09 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Chase Keller, CCIM

Better Commercial